I have tried a few times to figure out this new NFT craze ... it seems like every day there is a new NFT Market place, where artists can create digital artwork, create their own NFT and sell a Limited Edition of their creation.
As I understand the system the buyers of a given work might pay .001 Ethereum and can later resell that same digital Work for several thousand Ethereum.
Bummer for the Artist, but this is also how it works in the Real world. Artists get screwed. Over and over again.
NFT’s seem overly complicated to me.
Why can’t artists just post their Original digital Artwork with Proof of Creation, Proof of Authorship (Timelapse video perhaps) and be rewarded by Patrons of the Arts (Curators) on places like Blurt ?
I think Blurt can solve this problem for Artists. All the best minds are here on Blurt.
More Information on NFT’s and Source of Image: https://cointelegraph.com/magazine/nonfungible-tokens/#NFT-industry-stats
I'm not 100% sure, but it seems to me that NFTs are just a new twist on Limited Edition Digital Art, which has been around for a while... if you're familiar with NeonMob they were one of the early pioneers with it, pre-crypto.
Maybe what blockchain offers is a sort of standard and hacker proof "certificate" for the art; like a unique fingerprint.
But I still don't understand it all...
It’s super complicated. You need to be on a White List. I think I am on a Black List. I am not in the inner sanctum, I live in the outer reaches.
That's sad. But I guess that's just the way of the world... either you're part of the "inner circle" and do their bidding... or you're out in the cold.
Yep. That’s just the way it is. And If you complain they take everything away.